How does the cost of living in Australia compare [infographic]

Do you find living in Australia expensive? world globe puzzle coins economy

According to this  infographic from Movehub Australia ranks 6th in the cost of living scale, but in my mind that’s the price you pay to live in the best country in the world.

If you don’t like it you could always move to India, Nepal or Pakistan.

Below you’ll see the difference in living costs around the world using figures from Numbeo, the world’s largest database of user contributed data about cities and countries

The CPI in the infographic is a relative indicator of a country’s living costs compared to New York.

So, for instance, if a country has a CPI of 70, on average it enjoys 30% cheaper living costs compared to New York.

cost-of-living-around the world

Source: Movehub 

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Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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